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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 90,771 $ 91,877
Accounts receivable, net of allowance for doubtful accounts of $299 and $206, respectively 81,793 71,813
Inventory 12,862 7,671
Fair value contracts 221 0
Income tax receivable 0 2,587
Prepayments 4,272 2,589
Total current assets 189,919 176,537
Property and Equipment    
Marketing 59,895 65,200
Transportation 68,187 70,732
Oil and gas (successful efforts method) 71,214 77,117
Other 187 187
Property and equipment 199,483 213,236
Less - Accumulated depreciation, depletion and amortization (147,866) (153,521)
Net property and equipment 51,617 59,715
Other Assets:    
Investments 4,300 0
Cash deposits and other 5,690 6,963
Total assets 251,526 243,215
Current Liabilities:    
Accounts payable 79,856 74,117
Accounts payable - related party 85 40
Fair value contracts 292 195
Accrued and other liabilities 7,307 5,845
Total current liabilities 87,540 80,197
Other Liabilities:    
Asset retirement obligations 2,436 2,469
Deferred taxes and other liabilities 6,062 8,039
Total liabilities 96,038 90,705
Commitments and Contingencies (Note 5)
Shareholders' Equity:    
Preferred stock - $1.00 par value, 960,000 shares authorized, none outstanding 0 0
Common stock - $.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding 422 422
Contributed capital 11,693 11,693
Retained earnings 143,373 140,395
Total shareholders' equity 155,488 152,510
Liabilities and shareholders' equity $ 251,526 $ 243,215